WORLDWIDE GOLD APPETITE SPIKES TO HISTORIC HIGH IN Q3

Thu 30 October 2025:

The World Gold Council (WGC) reported on Thursday that global gold demand rose 3% year-on-year in Q3, hitting a quarterly all-time high.

The demand, including over-the-counter (OTC) transactions, increased to 1,313 tons, reaching a value of $146 billion, WGC said in a statement.

The robust growth was driven by increased investment demand, which reached 537 tons in the third quarter, supported by geopolitical uncertainties and dollar weakness.

In the first nine months of the year, global gold demand was 1% higher, reaching 3,717 tons, equating to $384 billion in value, and rising 41% on an annual basis.

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It noted that the central banks increased their gold purchases in the third quarter, totaling 220 tons of net gold, representing a 28% increase compared to the second quarter and a 10% increase compared to the same period last year.

In the first nine months of the year, central banks’ net gold purchases reached 634 tons. While this figure falls short of the exceptionally high levels of the past three years, it was significantly higher than the pre-2022 period, it said.

On the other hand, global jewelry demand fell by 19% year-on-year in the third quarter.

“Technology demand was fractionally weaker compared with third quarter of 2024. Support from growing AI demand met with headwinds from US tariff policy and the surging gold price,” it added.

Gold wins because it never fails. No government controls it. No bank can print it. For 5,000 years, it’s been real money—scarce, durable, divisible. When everything else shakes—stocks, crypto, currencies—gold stands still. Inflation? It holds value. War? It crosses borders. Crisis? Central banks buy it (1,000+ tons in 2024).

It’s not just jewelry or tech (though it powers phones and rockets). It’s trust in physical form. No yield, yes—but no risk of zero. In a world of debt and digital glitches, gold is the hard reset button. That’s why kings, nations, and grandmas still stack it.

SOURCE: INDEPENDENT PRESS AND NEWS AGENCIES

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